East Asia Minerals Corporation - News Releases - East Asia Minerals Identifies New Copper Oxidie Potential At EC1




	2006 \| 2005

	March 16, 2006 East Asia Minerals Identifies New Copper Oxidie Potential At EC1
	VANCOUVER, B.C.-- March 16, 2006--East Asia Minerals Corporation (TSXV-EAS) today announced that drilling east of what had previously been considered a boundary fault to EC1 mineralization has intercepted additional copper oxide mineralization. Geologic interpretation of the 28-hole EC1 definition drill program completed in February prompted the Company to drill 4 additional holes (EC1-29 to 32) east of the known mineralization. Copper oxide mineralization was identified in all 4 of these holes. The holes were drilled to the west, toward EC1 and the north-northeast bounding structure and were spaced over 200 metres. The mineralization in these holes is open along a north-northeast strike in both directions. Further drilling in this area is planned. "The discovery of copper oxide mineralization east of the boundary fault certainly expands the potential of EC1" commented Michael Hawkins, East Asia's Vice President of Exploration. "It also reinforces the need to thoroughly test the entire two kilometre altered shear zone connecting EC1, EC2 and East Zone 1 for additional mineralization." In addition to the four new holes completed at EC1, six drill holes were drilled at EC2 where further drilling is planned. Drilling is currently underway on East Zone 1 located approximately 2 kilometres to the southeast of EC1 where enriched chalcocite mineralization was intercepted during the 2005 drilling program. This 1000 metre by 500 metre target is coincident with an IP anomaly and an overlapping moderate to high magnetic anomaly. East Asia also announces that drilling has commenced on its Deren gold project located 270 kilometres southwest of Ulaanbaatar in central Mongolia. About East Asia Minerals Corporation East Asia is an Asian-based Canadian mineral exploration company with projects in Mongolia and on-going acquisition targets in the Philippines, China, Mongolia and PNG. The Company has met the earn-in requirements to acquire a 75% interest in the Khok Adar copper oxide discovery by completing USD 1 million of exploration. It also has options to acquire 100% of four uranium properties and the Deren low sulphidation epithermal gold project, all located in central Mongolia. East Asia currently has 42,764,206 shares outstanding. The Company's shares are listed for trading on the TSX Venture Exchange under the symbol "EAS". -30- FOR FURTHER INFORMATION, visit the Company's website at www.EastAsiaMinerals.com, or contact East Asia Minerals Corp. Lyndon Bradish, President and CEO Tel: +852 2719-1551 (Hong Kong) Mobile +852 6103-9094 Fax: +852 2719-1664 E-mail: [email protected] www.eastasiaminerals.com CHF Investor Relations, Nick Kohlmann, M.Sc., Vice President Tel: +1-416-868-1079 x222 Fax: +1-416-868-6198 Email: [email protected] www.chfir.com Should you wish to receive Company news via email, please email [email protected] and specify "EAS News" in the subject line The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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